Articles by February, 2020

The government approved the construction and housing minister Yifat Shasha Biton's proposal to extend his stay in Israel to 1,700 Chinese construction workers. According to the decision, which is intended to prevent damage to construction and infrastructure projects in Israel. The workers' residence permit will be extended until the end of June 2020 following the postponement of the arrival of new workers from China following the virus. The worrying outbreak in China of the Corona virus that has infested thousands of people and has already taken the lives of hundreds of victims,...

The large gaps between Jews and Arabs in educational attainment are not due to sectoral or cultural differences but to income differences. This is evident from a study published by Nahum Blass of the Taub Center for Policy Studies. It turns out that the big gaps stem mainly because the Arab sector is much poorer than the Jewish sector. When comparing the achievements of the same economic strata, the achievements of the Arabs are compared to the Jews, and in some cases even exceed them. Blass points out that the gap between Jews and Arabs in the Mitzvah and even adulthood tests has narrowed...

Global travelers took on average six trips in the last year according to Agoda, one of the world’s fastest growing digital travel platforms. Agoda unveils insights from its Global Travel Usage and Attitude Survey, as it announces plans to expand in Israel ahead of its participation in the 26th International Mediterranean Tourism Market (IMTM) event in Tel Aviv. In Southeast Asia, where Agoda is headquartered, the number of trips annually is seven, compared to travelers from United Kingdom, United States and Australia who traveled four times in the past year. Meanwhile in Israel, people...

The state parted ways with the light rail franchise in Jerusalem, after passing only one-third of the operating period stipulated in the contract between them. The finance and transportation ministries announced yesterday that they have signed an agreement with Citypes to buy the project back into the state. The state has decided it wants a single entity to operate all light rail lines in the city. Therefore, the state will transfer the concession on the lines to the Shafir Group and the Spanish CAF, which were awarded the Green Line tender and now receive the red. Two more lines are now...

Flywire has officially announced the acquisition of Israeli startup Simplee. It's Founder and CEO Tomer Shoval will be named Senior Vice President for Sales, Business Development and Strategic Accounts at Flywire. At the same time, Flywire announced the completion of a new $ 120 million round of funding led by Goldman Sachs, which will support the acquisition in part. "The acquisition is accelerating the digitization of payments to address the challenges associated with patient engagement and funding in the medical market," the statement said. "By integrating the Playwire platform with...

Seagate a leading manufacturer of storage and data management solutions in the world, officially opening the Lyve Labs Innovation Center in Israel. The goal of Seagate Lyve Labs in Israel is to collaborate with high-tech companies and enable innovation through simple, secure and effective means of working with databases and large amounts of data. This giant international initiative will enable the smooth flow of information across various systems and optimize their business value in-flight as well as at-rest

In recent months, a series of cyber attacks in the Middle East have been discovered, with the targets being targeted by Palestinian officials. Their purpose is to spy on mobile phones of the authority, to open a camera without the knowledge of the device owner, listening to what is happening in the environment and stealing files and information. The attacks were detected by the Nocturnus research group, the Israeli cyber company, which followed the series of attacks. The data analysis shows parallels to attacks previously made by hackers using the nicknames "MoleRATs" and "The Gaza...

Just less than a month ago, Avi Gabay signed a collective bargaining agreement with the workers' committee, which his predecessor, Nir Stern, failed to advance in a few months. Gabay realized he had no choice - if he didn't rush to sign a deal, his competitors could be ahead of him and sign a merger deal and weaken Cellcom. The company offered Golan NIS 720 million (including a NIS 130 million debt waiver) and, according to market officials, is expected to return the investment in three years. Cellcom is actually streamlining. Today it spends tens of millions on customer recruitment and...

The average monthly income of the upper decile is 12 times greater than the income of the lower decile - according to a report from the Ripple Center, published Wednesday, which shows an increase in income gaps between the rich and the poor. In addition, the report shows that most rental income goes to the top deciles and that the middle class in Israel is the smallest in the OECD countries. According to the report, in 2018, the average gross income of households headed by an employee was NIS 66,584 in the top decile - compared with 5,501 in the lower decile only. In the last three years,...

A few days before the elections, the Ministry of Construction and Housing announced the opening of another lottery price draw for residents - for 851 housing units in the north. Of the total lottery apartments, approximately 662 apartments in Haifa, 170 apartments in the Galilee landscape, and 19 apartments in Hatzor HaGlilit. The lottery registration - will close on March 12, and the lottery results will be delivered to the winners in the following two weeks. The Ministry of Construction and Housing and the National Housing Office of the Ministry of Finance said that as part of the...